The chart is self-explanatory as always.
But the big question remains—can silver break past the 100k mark this time?
The ongoing trade war between the U.S. and other nations fuels geopolitical uncertainties, which historically redirects attention toward safe-haven assets like gold and silver.
Adding to the bullish case, industrial demand for silver continues to rise as we find new industrial uses for it.
However, Is it enough to cross 100K?
This level remains a major resistance zone. Breaking it in a single attempt seems unlikely unless a significant catalyst comes into play. A period of consolidation within a range appears more probable before any decisive move.
What do you think will happen here?
Remember, These are just my personal opinions which can go terribly wrong.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
But the big question remains—can silver break past the 100k mark this time?
The ongoing trade war between the U.S. and other nations fuels geopolitical uncertainties, which historically redirects attention toward safe-haven assets like gold and silver.
Adding to the bullish case, industrial demand for silver continues to rise as we find new industrial uses for it.
However, Is it enough to cross 100K?
This level remains a major resistance zone. Breaking it in a single attempt seems unlikely unless a significant catalyst comes into play. A period of consolidation within a range appears more probable before any decisive move.
What do you think will happen here?
Remember, These are just my personal opinions which can go terribly wrong.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.